Glen Renfrew, the former Reuters chief executive who oversaw the company’s transition from private ownership to a publicly traded company, died on June 29 in St. Albans, England. He was 77.
His death was announced by his son, Barry Renfrew.
He had been treated for dementia for about a year, said his son, who is The Associated Press’s vice president for global business for Europe, Africa and the Middle East.
Mr. Renfrew was managing director and chief executive of Reuters from 1981 to 1991, a period of rapid growth for the London-based company, which is now known as the Reuters Group. He oversaw the introduction of the highly successful system of screen-based real-time delivery of financial news and led Reuters through its initial stock offering on the London exchange in 1984.
Born the son of a coal miner in Aberdare, Australia, Mr. Renfrew attended the University of Sydney before moving to England in the 1950’s.
He began at Reuters as a trainee journalist and worked his way up to the top job via postings in Singapore, South Africa and Belgium. In 1971, he was named manager of the North American operations and a decade later became the first non-Briton to lead the company since its German-born founder, Paul Julius Reuter.
He was offered a knighthood in 1990 but turned it down, on the ground that people associated with Reuters, an international company, should not accept honors from any particular government.
Mr. Renfrew and his wife, Daphne, had lived in Bermuda since 1991. He served on the board of ACE Ltd., an insurance company based in Bermuda.
In addition to his son and wife, he is survived by two daughters and six grandchildren. A third daughter died in a hiking accident in 1981.